Binance chief strategy officer Patrick Hillmann steps down

Binance's chief strategy officer Patrick Hillmann has quit the cryptocurrency exchange, he said in a tweet on Thursday.

"It's true that I am leaving Binance," Hillmann said in a tweet, adding that he was doing so on good terms.

He added, "I’ve been here for two years and it’s simply time for me to move on to the next challenge. I’ve taken this company through a lifetime of industry crises and regulatory challenges — from Luna to 3AC to FTX. Despite all of these challenges, the company has continued to grow and thrive."


Last month, US regulators sued Binance and its CEO Changpeng Zhao for allegedly operating a "web of deception" and filed 13 charges in a federal court in Washington DC Binance has said it would defend itself "vigorously."

Hillmann had joined the world's largest cryptocurrency exchange in 2021 and became the chief strategy officer in October last year.